The USDCHF continued its bearish pressure yesterday, bottomed at 0.9562 and closed at 0.9579. The bias remains bearish in nearest term especially if price able to make a clear break below 0.9550 support area (triple bottom) targeting 0.9461. Immediate resistance at 0.9600. Break above that area could lead us to neutral zone in nearest term, but may give us an early signal of potential bullish pullback based on the triple bottom formation testing 0.9700 region.
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